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Top News

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11 November

Alibaba smashed last year’s Singles Day record with over $74 billion in sales

  • Categories Retail News, Top News
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Alibaba’s Singles Day sales were over $74 billion, the Chinese retail giant reported shortly after midnight. Singles Day on November 11, or Double 11, is a Chinese shopping holiday started …

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11 November

Walmart Partners With GM Cruise To Test Grocery Delivery Via All-Electric Self-Driving Cars

  • Categories Retail News, Top News
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Walmart Inc said Tuesday it is launching a pilot program with General Motor Company’s  self-driving car unit Cruise for contact-less delivery early next year in Scottsdale, Arizona. What Happened: The retail …

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10 November

Farfetch, Alibaba Group and Richemont partner to develop “Luxury New Retail”

  • Categories Retail News, Top News
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Farfetch, Alibaba Group and Richemont said they are joining forces to provide luxury brands with enhanced access to China and speed up digitization of the global luxury industry. Farfetch said …

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09 November

Japanese retail sales fall again in September

  • Categories Retail News, Top News
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Retail sales in Japan fell for a seventh-straight month in September, as consumers remain cautious to spend and travel restrictions reduce the amount of footfall in-store. Retail sales fell 8.7% …

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09 November

Brookfield Expects High-End Tenants, Urban Centers Will Sustain Portfolio

  • Categories Retail News, Top News
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The good news: Mall owner Brookfield Properties believes a recovery is in sight for many of its shopping centers. The bad news: It’ll take more retail Darwinism to get there. …

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09 November

Black Friday Is No Longer a Day, It’s a Concept

  • Categories Retail News, Top News
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The day of Black Friday has become more conceptual than particular to a day of the week. For the last few holiday seasons, retailers have opened earlier and earlier to …

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06 November

L’Oreal turns to Google as coronavirus spurs virtual make-up shift

  • Categories Retail News, Top News
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Maybelline maker L’Oreal OREP.PA, which returned to comparable sales growth in the third quarter when coronavirus restrictions eased, has sped up some of its web initiatives as a result of …

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05 November

Papa John’s Sales Spike as Nervous Americans Gorge on Pizza

  • Categories Retail News, Top News
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If you ordered in pizza on election night, you weren’t alone. Papa John International Inc. saw a big spike in pizza sales on Tuesday and Wednesday nights, its top executive …

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03 November

Primark won’t venture online despite COVID hit to stores

  • Categories Retail News, Top News
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LONDON (Reuters) – Primark-owner Associated British Foods ABF.L has no plans to build an online business for the fashion retailer despite it recording a 63% slump in full-year profit due to COVID-19 …

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02 November

Walmart ends contract with robotics company, opts for human workers instead

  • Categories Retail News, Top News
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KEY POINTS Walmart has cut ties with Bossa Nova Robotics, which made robots that scanned shelves for inventory, according to The Wall Street Journal. The retailer has come up with …

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